UK & Ireland

New Project for Torsion Group

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Torsion Group to commence construction activities on highly anticipated 183 studio bed student accommodation development on Burley Street, Leeds.

Empiric progresses plans for 900-bed Victoria Point overhaul 

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Proposals to add 340 rooms at the Hathersage Road student complex in Manchester are in the works.  Empiric Student Property, which acquired Victoria Point site from MCR Property Group for just shy of £30m in 2016, has assembled a project team to work up plans for the scheme.

Student accommodation proposal on Naas Rd rejected by DCC

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Dublin City Council has refused planning permission for a 941-bed-space student accommodation scheme on the Naas Road. The application from developer Malclose Ltd comprised a part 15-storey block and a part 11-storey block, to deliver 871 standard rooms, 47 accessible studio rooms and 23 studios.

abrdn invests in University of Sussex student accommodation

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abrdn has invested £110m on behalf of Phoenix and £13m on behalf of ILID, its Index-Linked Infrastructure Debt Fund, in West Slope Residencies Finance Limited - a partnership between the University of Sussex and Balfour Beatty Investments.

Birmingham approves Queen’s Hospital Close development

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Plans have been approved for a 31-storey student accommodation and build-to-rent development at Queen’s Hospital Close in Birmingham. The redevelopment and refurbishment of Queen’s Hospital listed buildings, alongside new building works, will bring forward 759 student bed spaces and 189 apartments for private rent.

Dominus and Cheyne Capital complete two senior loans for PBSA developments

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Dominus and Cheyne Capital have completed two senior loans totalling around £400m to provide development finance for two of Dominus’ PBSA developments in the City of London.

£100m scheme to encourage conversion of commercial buildings into housing

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Assetz Capital, the Manchester-based specialist lender, has launched a £100m Planning Assistance Loan product, aimed at supporting the conversion of commercial buildings into residential dwellings.

Bristol student accommodation plans lodged

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Property developer Godwin Developments has submitted plans for a 101-bed student accommodation scheme in central Bristol. The proposed development is located on Newfoundland Road, at the entrance point to the city.

Unite Students enters joint venture with Newcastle University

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Unite Students, the UK’s leading owner, manager and developer of student accommodation, today announces that it has entered into a joint venture framework agreement with Newcastle University for the development of 2,000 new student beds.

Operator mys launches new eco-conscious brand

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PBSA operator mys has unveiled its new environmentally conscious brand and website, marking a significant milestone in the company’s commitment to ESG. The new branding puts mys’ core values of Community, Activism, Freedom, and Ambition at the heart of the brand.
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